Salasar Techno Share Price Target 2025, 2026, 2027, 2028, 2029, 2030
Salasar Techno Engineering Ltd. is a well-known company in India’s engineering and infrastructure industry. It has built a solid reputation through its expertise in making customized steel structures and offering comprehensive EPC (Engineering, Procurement, and Construction) services.
The company plays a key role in the telecom, power, and railways sectors, providing innovative and reliable solutions. In recent years, Salasar Techno’s stock has gained attention due to its potential for growth and strong financial performance.
In this article, we will look at what Salasar Techno does, discuss its share price targets for the years 2024 to 2030, and include both technical and fundamental analysis to understand its future potential.
Table of Contents
- 1 Basic Details of Salasar Techno
- 2 About Salasar Techno Engineering Ltd.
- 3 Fundamental Data
- 4 Salasar techno share price chart: LIVE
- 5 Salasar Techno Share Price Target 2024
- 6 Salasar Techno Share Price Target 2025
- 7 Salasar Techno Share Price Target 2026
- 8 Salasar Techno Share Price Target 2027
- 9 Salasar Techno Share Price Target 2028
- 10 Salasar Techno Share Price Target 2029
- 11 Salasar Techno Share Price Target 2030
- 12 keep in Mind
- 13 Technical Analysis
- 14 Salasar Techno Quarterly Results
- 15 Conclusion
Basic Details of Salasar Techno
| Company Name | Salasar Techno Engineering Ltd. |
| Business Sector | Engineering and Infrastructure |
| Stock Symbol | SALASAR |
| NSE Listing Status | Listed |
| BSE Listing Status | Listed |
| Official Website | salasartechno.com |
About Salasar Techno Engineering Ltd.
Salasar Techno is a leading provider of customized steel fabrication and infrastructure solutions in the telecom, power, and railways sectors. With a strong emphasis on innovation and sustainability, the company has been expanding its reach and capabilities.
It specializes in manufacturing transmission towers, galvanized structures, and provides EPC (Engineering, Procurement, and Construction) services for various large-scale projects.
Fundamental Data
- 🏦 Market Cap: ₹ 3,277 Cr.
- 📈 Current Price: ₹ 19.0
- 📊 52-Week High / Low: ₹ 34.1 / 9.02
- 🔍 Stock P/E: 60.9
- 📚 Book Value: ₹ 4.07
- 💰 Dividend Yield: 0.00%
- 💼 ROCE (Return on Capital Employed): 15.7%
- 💵 ROE (Return on Equity): 12.4%
- 🪙 Face Value: ₹ 1.00
In 2024, Salasar Techno’s share price is expected to witness steady growth driven by ongoing infrastructure projects and potential strategic partnerships. Analysts predict fluctuations influenced by global economic conditions and internal business performance.
| Year | Low Approx | High Approx |
|---|---|---|
| 2024 | ₹15 | ₹25 |
By 2025, the company’s expansion plans and increased demand in the infrastructure sector may bolster its financial performance, leading to a potential increase in stock value.
| Year | Low Approx | High Approx |
|---|---|---|
| 2025 | ₹22 | ₹35 |
2026 could be a significant year as Salasar Techno continues to leverage its expertise in the growing renewable energy and telecom sectors.
| Year | Low Approx | High Approx |
|---|---|---|
| 2026 | ₹28 | ₹42 |
The company’s strategic initiatives and new product launches might drive growth, making 2027 a promising year for long-term investors.
| Year | Low Approx | High Approx |
|---|---|---|
| 2027 | ₹35 | ₹50 |
Continuous growth, coupled with new government infrastructure policies, may enhance Salasar Techno’s market position in 2028.
| Year | Low Approx | High Approx |
|---|---|---|
| 2028 | ₹42 | ₹58 |
In 2029, Salasar Techno’s strategic alliances and potential entry into new markets could yield a considerable increase in stock price.
| Year | Low Approx | High Approx |
|---|---|---|
| 2029 | ₹50 | ₹70 |
With a decade-long development in business models and projects, 2030 could reflect a strong market presence for Salasar Techno, solidifying its share price growth.
| Year | Low Approx | High Approx |
|---|---|---|
| 2030 | ₹60 | ₹85 |
keep in Mind
- 📚 Trading at 4.67x book value.
- 📉 Promoter holding down -1.02% last quarter.
- 💵 Low ROE: 12.0% over 3 years.
Technical Analysis
The monthly chart indicates a bullish trend in Salasar Techno’s stock, with key moving averages like the 50-period EMA acting as support. The 200-period EMA suggests a stable long-term support level, which could continue to strengthen the stock’s upward movement.
Salasar Techno Quarterly Results
Salasar Techno reported revenue growth attributed to large-scale contracts and efficient operational management in recent quarters. The profit margins have shown steady improvement.
| Metric | Mar 2024 (Q1) | Jun 2024 (Q2) | Sep 2024 (Q3) |
|---|---|---|---|
| Sales (₹ Cr.) | 367.33 | 294.00 | 281.49 |
| Operating Profit (₹ Cr.) | 36.46 | 28.21 | 25.65 |
| Net Profit (₹ Cr.) | 16.97 | 10.49 | 9.68 |
| OPM % | 9.93% | 9.60% | 9.11% |
| EPS (₹) | 0.11 | 0.06 | 0.06 |
Conclusion
Salasar Techno Engineering Ltd. had a mixed performance in the first three quarters of 2024. The company started strong in Q1 with the highest sales and profits but faced a decline in the following quarters. Despite these changes, the operating profit margin stayed steady, showing that the company managed its operations well.
over all Salasar Techno has had a decent start to the year but needs to work on maintaining growth in the future. Investors should watch how the company performs in the upcoming quarters to see if it can bounce back and continue growing.
